Following a short USAA-Coinbase pilot integration that launched last November, which allowed a small group of USAA members to view their Coinbase bitcoin balance on USAA.com and via the USAA’s mobile app , the American financial services provider has decided to roll out the integration to all members. ‘All members of USAA’
The United Services Automobile Association (USAA) is a financial services group that offers banking , investing, and insurance to people and families that serve, or have served, in the United States military. Hence following the successful pilot scheme between USAA and Coinbase , USAA has decided to expand its BitcoinCT r: 8 capabilities to all customers.
In a blog post on Coinbase’s website, the company revealed that “the engagement on the pilot was strong, and as a result, USAA decided to roll out the integration to its entire membership base.” Easier and more Convenient
CoinbaseCT r: 2 and USAA explained how customers can view their Bitcoin balance by means of a short gif: The post concluded by saying, “as the Bitcoin blockchain continues to be more widely used, USAA has made it easier for members to conveniently monitor their bitcoin holdings and investments . For more information on the integration, www.usaa.com/externalaccounts .” Updating to the Modern Era
The ability to view your Coinbase balance through your USAA account could be considered to be a natural step towards bringing this 93-year-old financial services institution into the age of technology, the 21st Century.
Currently, customers can add non-USAA financial accounts from providers including the Navy Federal FCU, Wells Fargo, Chase, and the Pentagon FCU, but “this integration represents the first consumer-facing bitcoin integration to be widely implemented by a Fortune 500 financial services group.”
Following the /r/bitcoin subreddit’s discovering of this news, Reddit user, /u/n0mdep, commented what many in the Bitcoin community […]
